Large Inflow of Money Witnessed in FormFactor

FormFactor (NASDAQ:FORM) stock had a bullish inflow of $1.22 million worth of trades on uptick and an outflow of $0.51 million in downticks on Wednesday. The total uptick to downtick ratio stood at 2.39. The net money flow into the stock was $0.71 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $0.54 million. $0.54 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. However, FormFactor (NASDAQ:FORM) stock traded down $0.04 , and reached $8.91, a drop of -0.45% over the previous day. On a weekly basis, the stock is -0.11%, over the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged that Slessor Mike, director officer (CEO) of Formfactor Inc, had unloaded 3,401 shares at an average price of $7.33 in a transaction dated on May 31, 2016. The total value of the transaction was worth $24,929. Currently the company Insiders own 2.84% of FormFactor shares according to the proxy statements. Institutional Investors own 92.74% of FormFactor shares.

The company shares have dropped -2.29% from its 1 Year high price. On Jul 1, 2015, the shares registered one year high at $9.39 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $7.63 and the 200 Day Moving Average price is recorded at $7.67. FormFactor (NASDAQ:FORM): The stock opened at $9.05 on Wednesday but the bulls could not build on the opening and the stock topped out at $9.18 for the day. The stock traded down to $8.78 during the day, due to lack of any buying support eventually closed down at $8.91 with a loss of -0.45% for the day. The stock had closed at $8.95 on the previous day. The total traded volume was 630,777 shares.

FormFactor, Inc. designs, develops, manufactures, sells and supports semiconductor probe card products. The Company is the supplier of probe cards to manufacturers of DRAM, Flash and SoCs products across the world. Semiconductor manufacturers use its probe cards to perform wafer test (also known as wafer sort), which is the testing of the semiconductor die, or chips. Its products are based on its technologies, including its micro-electromechanical systems (MEMS) technologies, its automation systems, its various product architectures and its design tools. The applications of these products include customer collaboration, consumer integrated circuits (ICs), mobile ICs, automative ICs, computing ICs and publications. The Company operates under the brands FormFactor, the FormFactor logo, Apollo, ATRE, DC-Boost, Matrix, MicroProbe, the MicroProbe logo, MicroSpring, Mx-FinePitch, OneTouch, QiLin, RapidSoak, SmartMatrix, SMART Matrix 100, TouchMatrix, Takumi and TrueScale Lite, among others.

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